HUGHES MICHAEL J 4
4 · NATIONAL PENN BANCSHARES INC · Filed Jan 24, 2013
Insider Transaction Report
Form 4
HUGHES MICHAEL J
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock
2013-01-22$9.76/sh+49,289$481,061→ 253,522.239 total
Footnotes (2)
- [F1]Restricted stock issued under the Long-Term Incentive Compensation Plan. Restricted periods from date of award: 25%-one year; 25%-two years; 25%-three years; and 25%-four years. To the extent the time restrictions are met, the restricted stock will vest. To the extent the time restrictions are not met, the award will lapse.
- [F2]Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.